{"id":56262,"date":"2017-01-25T07:10:59","date_gmt":"2017-01-25T12:10:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56262"},"modified":"2017-01-25T07:10:59","modified_gmt":"2017-01-25T12:10:59","slug":"hedge-fund-steel-partners-launching-500-mln-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2017\/hedge-fund-steel-partners-launching-500-mln-fund.html","title":{"rendered":"Hedge Fund Steel Partners Launching $500 Mln Fund"},"content":{"rendered":"

(Reuters) Hedge fund manager Warren Lichtenstein, well known for successfully pushing companies to perform better, is raising a new fund for the first time in nearly a quarter of a century in order to buy stakes in underperforming companies.<\/p>\n

Lichtenstein’s Los Angeles-based Steel Partners plans to raise $500 million for its new portfolio, the S-III Opportunity Fund, the fund manager told investors in a letter dated Jan. 17 and seen by Reuters on Tuesday.<\/p>\n

To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Reuters) Hedge fund manager Warren Lichtenstein, well known for successfully pushing companies to perform better, is raising a new fund for the first time in nearly a quarter of a century in order to buy stakes in underperforming companies. Lichtenstein’s […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56262","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56262"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56262\/revisions"}],"predecessor-version":[{"id":56263,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56262\/revisions\/56263"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}